Tata Consultancy Services has received a contract from Shanghai Rural Commercial Bank for deploying TCS’ BaNCS Core Banking solution
IT major Tata Consultancy Services (TCS) said it has received a contract from Shanghai Rural Commercial Bank for deploying TCS' BaNCS Core Banking solution. No financial details were provided.
Shanghai Rural Commercial Bank selected TCS BaNCS Core Banking to swiftly introduce new products to market and efficiently manage transformation across its overall business lines, TCS said in a statement.
The solution will cover the organisation's core banking, deposits, loans, payments and card modules, it added.
On Friday, TCS ended 2.26% up at Rs1,118.20 on the Bombay Stock Exchange, while the benchmark Sensex gained 2.53% to 18,815.64.
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